Bitcoin is approaching the $85,000 price level, a critical resistance zone that could determine its next major move. This level is significant due to past supply zones and the average cost basis of recent large holders, making it a key battleground between buyers and sellers. Confirmation of a breakout requires a daily close above $85K with increased volume and a successful retest of this level as support. Failure to hold above $85K could lead to a pullback toward support zones around $77,000 to $79,000. Traders are watching volume, candle closes, and macroeconomic factors closely to gauge Bitcoin's next direction.
Bitcoin price analysis is the focus here, with Pluang's market snapshot providing context as of Oct 23, 2026 05:21 WIB: Among 50 major cryptocurrencies priced on Pluang, 5 rose and 44 fell today. Notable movers include FIL (Filecoin) at Rp17.661 with a 1-day change of -8.16% and a Pluang order activity of 24% Sell / 76% Buy, EOS (EOS.IO) at Rp12.649 with a 1-day change of +8.13%, and CRV (Curve DAO Token) at Rp6.605 with a 1-day change of -7.60% and a Pluang order activity of 91% Sell / 9% Buy.
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